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Cloudflare, Inc.（NET）与PROG Holdings, Inc.（PRG）财务数据对比。点击上方公司名可切换其他公司
PROG Holdings, Inc.的季度营收约是Cloudflare, Inc.的1.1倍（$651.6M vs $614.5M），PROG Holdings, Inc.净利率更高（5.5% vs -2.0%，领先7.5%），PROG Holdings, Inc.同比增速更快（457.1% vs 33.6%），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 4.9%）
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
PROG Holdings是一家总部位于美国的金融科技企业，主要面向美国本土市场提供灵活的租购及销售点融资解决方案，核心业务涵盖零售合作伙伴融资、消费信贷与支付服务，帮助消费者无需满足传统信用要求即可购买电子产品、家居用品等商品。
NET vs PRG — 直观对比
营收规模更大
PRG
是对方的1.1倍
$614.5M
营收增速更快
PRG
高出423.5%
33.6%
净利率更高
PRG
高出7.5%
-2.0%
两年增速更快
NET
近两年复合增速
4.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $651.6M |
| 净利润 | $-12.1M | $36.1M |
| 毛利率 | 73.6% | — |
| 营业利润率 | -8.0% | 10.0% |
| 净利率 | -2.0% | 5.5% |
| 营收同比 | 33.6% | 457.1% |
| 净利润同比 | 6.0% | 3.8% |
| 每股收益（稀释后） | $-0.03 | $3.68 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NETPRG
| Q1 26 | — | $651.6M | ||
| Q4 25 | $614.5M | $525.4M | ||
| Q3 25 | $562.0M | $595.1M | ||
| Q2 25 | $512.3M | $604.7M | ||
| Q1 25 | $479.1M | $684.1M | ||
| Q4 24 | $459.9M | $558.9M | ||
| Q3 24 | $430.1M | $606.1M | ||
| Q2 24 | $401.0M | $592.2M |
净利润NETPRG
| Q1 26 | — | $36.1M | ||
| Q4 25 | $-12.1M | $40.5M | ||
| Q3 25 | $-1.3M | $33.1M | ||
| Q2 25 | $-50.4M | $38.5M | ||
| Q1 25 | $-38.5M | $34.7M | ||
| Q4 24 | $-12.8M | $57.5M | ||
| Q3 24 | $-15.3M | $84.0M | ||
| Q2 24 | $-15.1M | $33.8M |
毛利率NETPRG
| Q1 26 | — | — | ||
| Q4 25 | 73.6% | — | ||
| Q3 25 | 74.0% | — | ||
| Q2 25 | 74.9% | — | ||
| Q1 25 | 75.9% | — | ||
| Q4 24 | 76.4% | — | ||
| Q3 24 | 77.7% | — | ||
| Q2 24 | 77.8% | — |
营业利润率NETPRG
| Q1 26 | — | 10.0% | ||
| Q4 25 | -8.0% | 6.9% | ||
| Q3 25 | -6.7% | 9.0% | ||
| Q2 25 | -13.1% | 10.0% | ||
| Q1 25 | -11.1% | 8.2% | ||
| Q4 24 | -7.5% | 8.9% | ||
| Q3 24 | -7.2% | 8.1% | ||
| Q2 24 | -8.7% | 9.4% |
净利率NETPRG
| Q1 26 | — | 5.5% | ||
| Q4 25 | -2.0% | 7.7% | ||
| Q3 25 | -0.2% | 5.6% | ||
| Q2 25 | -9.8% | 6.4% | ||
| Q1 25 | -8.0% | 5.1% | ||
| Q4 24 | -2.8% | 10.3% | ||
| Q3 24 | -3.6% | 13.9% | ||
| Q2 24 | -3.8% | 5.7% |
每股收益（稀释后）NETPRG
| Q1 26 | — | $3.68 | ||
| Q4 25 | $-0.03 | $0.99 | ||
| Q3 25 | $0.00 | $0.82 | ||
| Q2 25 | $-0.15 | $0.95 | ||
| Q1 25 | $-0.11 | $0.83 | ||
| Q4 24 | $-0.05 | $1.33 | ||
| Q3 24 | $-0.04 | $1.94 | ||
| Q2 24 | $-0.04 | $0.77 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $943.5M | $69.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $774.4M |
| 总资产 | $6.0B | $2.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NETPRG
| Q1 26 | — | $69.4M | ||
| Q4 25 | $943.5M | $308.8M | ||
| Q3 25 | $1.1B | $292.6M | ||
| Q2 25 | $1.5B | $222.0M | ||
| Q1 25 | $204.5M | $213.3M | ||
| Q4 24 | $147.7M | $90.9M | ||
| Q3 24 | $182.9M | $221.7M | ||
| Q2 24 | $157.0M | $250.1M |
总债务NETPRG
| Q1 26 | — | — | ||
| Q4 25 | — | $594.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $643.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益NETPRG
| Q1 26 | — | $774.4M | ||
| Q4 25 | $1.5B | $746.4M | ||
| Q3 25 | $1.3B | $703.6M | ||
| Q2 25 | $1.2B | $668.7M | ||
| Q1 25 | $1.4B | $654.4M | ||
| Q4 24 | $1.0B | $650.3M | ||
| Q3 24 | $973.1M | $630.8M | ||
| Q2 24 | $881.5M | $581.9M |
总资产NETPRG
| Q1 26 | — | $2.0B | ||
| Q4 25 | $6.0B | $1.6B | ||
| Q3 25 | $5.8B | $1.5B | ||
| Q2 25 | $5.6B | $1.5B | ||
| Q1 25 | $3.7B | $1.5B | ||
| Q4 24 | $3.3B | $1.5B | ||
| Q3 24 | $3.1B | $1.4B | ||
| Q2 24 | $2.9B | $1.5B |
负债/权益比NETPRG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $190.4M | — |
| 自由现金流经营现金流 - 资本支出 | $105.2M | — |
| 自由现金流率自由现金流/营收 | 17.1% | — |
| 资本支出强度资本支出/营收 | 13.9% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $287.5M | — |
8季度趋势，按日历期对齐
经营现金流NETPRG
| Q1 26 | — | — | ||
| Q4 25 | $190.4M | $-54.9M | ||
| Q3 25 | $167.1M | $110.0M | ||
| Q2 25 | $99.8M | $69.9M | ||
| Q1 25 | $145.8M | $209.9M | ||
| Q4 24 | $127.3M | $-84.5M | ||
| Q3 24 | $104.7M | $31.9M | ||
| Q2 24 | $74.8M | $55.4M |
自由现金流NETPRG
| Q1 26 | — | — | ||
| Q4 25 | $105.2M | $-57.5M | ||
| Q3 25 | $82.5M | $106.5M | ||
| Q2 25 | $39.9M | $68.0M | ||
| Q1 25 | $59.9M | $208.0M | ||
| Q4 24 | $54.2M | $-86.8M | ||
| Q3 24 | $54.5M | $29.8M | ||
| Q2 24 | $45.2M | $53.5M |
自由现金流率NETPRG
| Q1 26 | — | — | ||
| Q4 25 | 17.1% | -10.9% | ||
| Q3 25 | 14.7% | 17.9% | ||
| Q2 25 | 7.8% | 11.2% | ||
| Q1 25 | 12.5% | 30.4% | ||
| Q4 24 | 11.8% | -15.5% | ||
| Q3 24 | 12.7% | 4.9% | ||
| Q2 24 | 11.3% | 9.0% |
资本支出强度NETPRG
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 0.5% | ||
| Q3 25 | 15.1% | 0.6% | ||
| Q2 25 | 11.7% | 0.3% | ||
| Q1 25 | 17.9% | 0.3% | ||
| Q4 24 | 15.9% | 0.4% | ||
| Q3 24 | 11.7% | 0.3% | ||
| Q2 24 | 7.4% | 0.3% |
现金转化率NETPRG
| Q1 26 | — | — | ||
| Q4 25 | — | -1.36× | ||
| Q3 25 | — | 3.32× | ||
| Q2 25 | — | 1.82× | ||
| Q1 25 | — | 6.05× | ||
| Q4 24 | — | -1.47× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 1.64× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
PRG
暂无分部数据
